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20130115
20130123
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KPIX (CBS) 3
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CBS
Jan 22, 2013 4:00am PST
. >> reporter: so republicans are offering a compromise on the debt ceiling. house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view the vote as an opportunity to raise more money for taxes. >> it's going to be a great opportunity for us. in our budget we lift budget reform which many of my republican colleagues like, but it's going to include revenues. >> reporter: the house is expected to approve the debt
CBS
Jan 15, 2013 4:00am PST
. but the president says he will not have the debt ceiling tied to the bills congress has already racked up. >> what i will not do is to have that negotiation with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if laws do not tackle the debt and spending at the same time, it will cost americans jobs. in a statement, senate minority leader mitch mcconnell said "the president and his allies need to get serious about spending." danielle nottingham, cbs news, the white house. >>> military suicides have reached record levels. so bad that the secretary of defense calls it an epidemic. the pentagon says there were 349 suicides among active duty personnel last year. that's more than the number of combat deaths in afghanistan. experts say iraq and afghanistan war veterans suffering from depression and post traumatic stress are at the highest risk. >>> secretary of state hillary clinton will testify next week about the deadl
CBS
Jan 16, 2013 4:00am PST
that the united states could lose its top credit ceiling if the debt ceiling is not raised. timothy geithner has warned congress they'll reach that limit as early as next month. >>> asian markets plummetled ahead of key economic data. it plummeted more than 2.5% while hong kong's hang sang lost a fraction. >>> stocks ended mixed on wall street over the uncertainty of the nation's debt limit. the dow finished the day up more than 27 points while the nasdaq fell nearly 7 points. >>> shoppers spent more this holiday season than last but not as much as experts predicted. sales rose 3%, falling short of the national retail federation's forecast of 4.1%. many stores heavily marked down merchandise in the final shopping days to lure in shoppers who held back on spending. still, retailers hauled $580 million in november and december. >>> walmart says it will buy u.s.-made goods over the next decade. the retail giant is also pledging to offer a job to any honorably discharged american veteran within a year of active duty. walmart expects to hire a thousand veterans in the next five
Search Results 0 to 2 of about 3